Elss

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Elss - Total results - 20
Equity mutual fund inflows hit 4-month low of Rs 6,108 cr in April as stock market witnesses extreme volatility
Business

Equity mutual fund inflows hit 4-month low of Rs 6,108 cr in April as stock market witnesses extreme volatility

Inflows into equity mutual funds dropped to a four-month low of Rs 6,108 crore in April as the broader market witnessed extreme volatility on concerns over the coronavirus pandemic

Debt funds vs fixed deposits: Here are seven reasons why you should invest in MFs
Business

Debt funds vs fixed deposits: Here are seven reasons why you should invest in MFs

Rates have been cut, debt funds have emerged as a viable alternative, FDs are losing the tax game and they provide limited flexibility.

Union Budget 2019: Govt working on tax sops for retail investors in CPSE, Bharat-22 ETF
Business

Union Budget 2019: Govt working on tax sops for retail investors in CPSE, Bharat-22 ETF

The government is working on a proposal to extend tax benefits to retail investors in its two exchange traded funds - CPSE and Bharat-22 ETF

Don't be in a hurry to make tax-saving investments; seek professional guidance based on financial goals
Business

Don't be in a hurry to make tax-saving investments; seek professional guidance based on financial goals

Final choice of the investor for choosing a tax-saving instrument depends upon various factors like risk profile, the kind of tax-saving instrument which can be linked to a specific goal, tenure, and the taxability status.

Gold ETFs witness Rs 290-crore outflow in Apr-Oct period; asset base declines 8% to Rs 4,621 crore
Business

Gold ETFs witness Rs 290-crore outflow in Apr-Oct period; asset base declines 8% to Rs 4,621 crore

In comparison, 14 gold-linked ETFs had witnessed a withdrawal of Rs 422 crore in the first seven months of 2017-18, latest data with industry body Amfi showed.

Mutual funds asset base drops 12.5% to Rs 22 lakh cr in Sep-end on massive outflow: AMFI data
Business

Mutual funds asset base drops 12.5% to Rs 22 lakh cr in Sep-end on massive outflow: AMFI data

According to Association of Mutual Funds in India (AMFI) data, the asset under management (AUM) of the industry, comprising 41 active players, stood at Rs 22.06 lakh crore at the end of September, as compared to a record Rs 25.20 lakh crore in August-end.

Investors remain bearish, continue to exit from gold ETFs in April; prefer equities
Business

Investors remain bearish, continue to exit from gold ETFs in April; prefer equities

Trading in gold ETF segment has been lukewarm during the last five years

As financial year end approaches, here's how to smartly save your tax by planning ahead
Business

As financial year end approaches, here's how to smartly save your tax by planning ahead

With the dust finally settled on the ‘populist’ budget announcement, investors can now devise strategies and discover avenues to prudently plan to save tax for the remainder of the current financial year and the next financial year as wel

Budget 2018: Reduction in corporate tax, long term gains tax will make investments in SME stocks lucrative
Business

Budget 2018: Reduction in corporate tax, long term gains tax will make investments in SME stocks lucrative

The value of these companies or SMEs will increase as the future earnings projections will go up because of the reduced tax

Investing in mutual funds? These types of schemes will give you maximum returns
Business

Investing in mutual funds? These types of schemes will give you maximum returns

Mutual funds are best option available in the market whether you planning for any short, medium or long term financial goal

Mutual funds see Rs 41,000 cr outflow in May from Rs 1.51 lakh cr inflows in previous month
Business

Mutual funds see Rs 41,000 cr outflow in May from Rs 1.51 lakh cr inflows in previous month

Total investment in mutual fund schemes stood at Rs 1.10 lakh crore in the first two months of the current fiscal

Equity MF inflow at Rs 6,500 cr in Feb; Rs 62k cr in 11 months
Business

Equity MF inflow at Rs 6,500 cr in Feb; Rs 62k cr in 11 months

Growing participation from retail investors and huge inflow in equity schemes have also helped increase the folio count.

Sebi pitches for tax rationalisation in capital markets
Business

Sebi pitches for tax rationalisation in capital markets

In its budget proposal to the Finance Ministry, Sebi has recommended reducing the securities transaction tax (STT) on stock trading, sources said

For the financially literate, both EPF and NPS are actually con-jobs
Business

For the financially literate, both EPF and NPS are actually con-jobs

The money you invest in EPF actually goes into government paper, where yields are typically lower than in fixed deposits. So, it is government that benefits by getting access to your EPF money.

Centre mulls raising tax exemption bar to Rs 2 lakh, boost savings
India

Centre mulls raising tax exemption bar to Rs 2 lakh, boost savings

Presently the investments and expenditures up to a combined limit of Rs 1 lakh get exemptions under Sections 80C, 80CC and 80 CCC of the Income-Tax Act.

How you could be stuck in your mutual fund forever
Investing

How you could be stuck in your mutual fund forever

When you invest in ELSS, the fund locks your money for a period of three years. If you opt for the dividend reinvestment plan, there is a good possibility that a part of your money would get locked in forever.

Why the Rajiv Gandhi Equity Scheme will be a resounding flop
Investing

Why the Rajiv Gandhi Equity Scheme will be a resounding flop

The Rajiv Gandhi Equity Savings Scheme is not what the doctor ordered for the Indian saver.

Will Budget 2012 make ELSS ineligible for tax deductions?
Investing

Will Budget 2012 make ELSS ineligible for tax deductions?

If DTC is introduced from the next financial year, investors will no longer be able to invest in ELSS and get tax deductions.